OPEN-SOURCE SCRIPT
All-in-one trend clarity
TrendLens is a multi-layer, all-in-one overlay indicator designed to visually detect and filter market direction — not a buy/sell strategy.
It highlights early trend shifts based on candle behavior, then supports that view using Pivot High/Low structure, three customizable EMAs, and a visible daily session window to focus on active market hours.
What’s included (All inside one indicator)
Structural Trend Candles
If price closes above the highest high of the previous N bars → candle turns white (bullish structural breakout).
If price closes below the lowest low of the previous N bars → candle turns black (bearish structural breakdown).
Pivot High / Pivot Low Markers
Detects swing highs/lows using adjustable left/right bars (default 7) and plots small gray triangle markers on the chart.
Active Session Window
Highlights a fixed daily time window (default 06:00–18:00 UTC) with a transparent green background to visually mark the active trading session.
3 Customizable EMAs
EMA Fast (default 10)
EMA Mid (default 20)
EMA Long (default 100)
Each EMA supports custom length, source, color, and thickness.
How to use it
Use white/black candles as a quick trend filter and early structure shift cue.
Use EMA100 as the main trend bias reference; use EMA10/EMA20 positioning to gauge momentum.
Use Pivot High/Low to spot structure levels for potential support/resistance and risk management.
Enable the session highlight to focus analysis on high-activity hours.
Disclaimer
This indicator is a technical analysis helper, not a trading strategy.
It does not provide buy/sell recommendations. You are responsible for your own trade decisions and risk management.
It highlights early trend shifts based on candle behavior, then supports that view using Pivot High/Low structure, three customizable EMAs, and a visible daily session window to focus on active market hours.
What’s included (All inside one indicator)
Structural Trend Candles
If price closes above the highest high of the previous N bars → candle turns white (bullish structural breakout).
If price closes below the lowest low of the previous N bars → candle turns black (bearish structural breakdown).
Pivot High / Pivot Low Markers
Detects swing highs/lows using adjustable left/right bars (default 7) and plots small gray triangle markers on the chart.
Active Session Window
Highlights a fixed daily time window (default 06:00–18:00 UTC) with a transparent green background to visually mark the active trading session.
3 Customizable EMAs
EMA Fast (default 10)
EMA Mid (default 20)
EMA Long (default 100)
Each EMA supports custom length, source, color, and thickness.
How to use it
Use white/black candles as a quick trend filter and early structure shift cue.
Use EMA100 as the main trend bias reference; use EMA10/EMA20 positioning to gauge momentum.
Use Pivot High/Low to spot structure levels for potential support/resistance and risk management.
Enable the session highlight to focus analysis on high-activity hours.
Disclaimer
This indicator is a technical analysis helper, not a trading strategy.
It does not provide buy/sell recommendations. You are responsible for your own trade decisions and risk management.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
t.me/SmartChartX
Through my Platinum invite, new users receive €500 in shares (typical broker bonuses are ~€50): Invitecode : etoro.tw/46hsKu7
Through my Platinum invite, new users receive €500 in shares (typical broker bonuses are ~€50): Invitecode : etoro.tw/46hsKu7
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
t.me/SmartChartX
Through my Platinum invite, new users receive €500 in shares (typical broker bonuses are ~€50): Invitecode : etoro.tw/46hsKu7
Through my Platinum invite, new users receive €500 in shares (typical broker bonuses are ~€50): Invitecode : etoro.tw/46hsKu7
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.